S&P Global Market Intelligence weighed in on the U.S. cyber insurance marketplace, reporting that premium dipped in 2023 to end several years of rapid growth. The overall 0.7% decline in cyber insurance direct written premiums was driven by a 3.2% …
North Carolina regulators last month announced that the state is now the third-largest domicile for captive insurance companies with more than 311 captive firms in the state, thanks in part to favorable premium tax rates, fees and capital requirements. But …
The recovery from the deadly Baltimore bridge collapse reached a significant milestone Monday as tugboats escorted the ill-fated container ship Dali back to port, its damaged bow still covered with smashed shipping containers, fallen steel trusses and mangled concrete. Nearly …
A Massachusetts teen who participated in a spicy tortilla chip challenge on social media died from eating a large quantity of chile pepper extract and also had a congenital heart defect, according to autopsy results obtained by The Associated Press. …
U.S. auto safety investigators said on Monday they have launched an investigation into the April crash of a VinFast 0TL.F, VFS.O VF 8 electric vehicle in Pleasanton, California, in which a family of four died. The National Highway Traffic Safety …
HARRIS COUNTY — After the floodwaters earlier this month just about swallowed two of the six homes that 60-year-old Tom Madigan owns on the San Jacinto River, he didn’t think twice about whether to fix them. He hired people to …
There is a moderate risk — the second highest — of severe thunderstorms across parts of Iowa, Illinois, Wisconsin and Missouri affecting more than 3.8 million people, the US Storm Prediction Center said. “All severe hazards will be possible including …
Risk Strategies announced that it has acquired Silveus Insurance Group, Inc (Silveus). The Indiana-based broker dates back to 1940 and is the country’s largest independent specialty provider of crop insurance. Terms of the deal were not provided. Based in Warsaw, …
German chemical company BASF said on Tuesday it reached a $316.5 million settlement with some U.S. public water systems that claimed toxic “forever chemicals” in firefighting foam made by the company contaminated their water supplies. The money provided by the …
Auto insurance websites and apps are doing a good job of delivering foundational functional capabilities, bringing in more customers than agents and call centers. But far fewer are providing the type of value-added services that set them apart. With auto …
